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Payment Rails

The pipes money moves through: SWIFT, ACH, SEPA, Faster Payments, PIX, UPI, RTP and the local rails around them.

12selected itemsRelated topicsReal-time PaymentsCross-border PaymentsSWIFT

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Oct 16Fri
  1. Payments Cards & MobileSource summary83

    Noah obtains MiCA and PSD2 licenses, expanding stablecoin payments to 27 EU markets

    Stablecoin payments provider Noah has obtained a MiCA crypto-asset service provider license and a PSD2 payment institution license, allowing it to provide stablecoin and fiat payment services in the 27 EU member states. The licenses support its ability to hold, exchange, and transfer stablecoins on behalf of clients, and execute fiat payments via credit transfers; Noah also said it will seek direct access to the SEPA network. The company said its service network now covers more than 150 markets and 60 currencies, enabling clients to complete KYC and KYB through a single regulated provider.

    推荐理由:The article explains the MiCA and PSD2 licenses within the same framework, helping readers understand how stablecoin service providers can use unified authorization to cover the 27 EU member states.

Oct 15Thu
  1. CryptopolitanSource summary75

    Payward plans to acquire Saldo Bank to obtain an EU banking license

    Payward has signed an agreement to acquire Finnish holding company Saldo Finance Oy, which owns Saldo Bank UAB, to obtain an EU banking license. The transaction still requires regulatory approval and is expected to close in 2027; following the acquisition, it plans to offer deposits, lending and SEPA euro payments in five markets, while opening banking-as-a-service tools such as card issuance to fintech companies.

    推荐理由:The acquisition links the parent company of a crypto trading platform’s entry into EU banking with its existing market coverage and plans for deposits, lending and SEPA payments in a single transaction, with regulatory approval as a prerequisite for completion.

Oct 14Wed
  1. Bank of EnglandSource summary63

    Bank of England’s Money Markets Committee discusses extending RTGS and CHAPS settlement hours

    The Bank of England’s Money Markets Committee updated its plans to extend RTGS and CHAPS settlement hours to support innovation, cross-border payments and liquidity management. Feedback on the May 2026 consultation paper was broadly supportive of extending the existing operating day, but members noted that liquidity facilities outside operating hours, liquidity and collateral management on weekends and bank holidays, operational resilience and value date rollovers still need to be addressed. The Bank of England said it would continue working with the industry to further clarify the proposal.

    推荐理由:The meeting minutes show the level of support for extending RTGS and CHAPS settlement hours, as well as implementation constraints involving liquidity, collateral and operational resilience, helping market participants understand the priorities for near-24x7 settlement.

Oct 8Thu
  1. Payments DiveSource summary72

    SAP推出嵌入SAP Cloud ERP的SAP Pay,支持银行转账与稳定币结算

    SAP推出SAP Pay,将付款执行和交易对账嵌入SAP Cloud ERP,并支持ACH付款、电汇、支票及稳定币跨境结算。该服务已在美国和英国正式提供,面向供应商付款和资金管理场景,旨在减少银行文件处理、外部支付处理与人工对账延迟。

    推荐理由:SAP Pay把付款执行、对账、控制与审计纳入同一 ERP 工作流,并已在美国和英国开放,呈现企业软件向支付执行延伸的路径。

Oct 7Wed
  1. Bank of EnglandSource summary69

    Bank of England主持的伦敦外汇联合常设委员会讨论RTGS与CHAPS近24/7结算

    Bank of England主持的伦敦外汇联合常设委员会在6月24日会议上讨论了RTGS和CHAPS向近24/7结算过渡的计划。会议提到,相关Consultation Paper正在征求利益相关方意见,延长结算时间将影响FX市场结构,并带来金融稳定、投资、资金和财资管理方面的调整。

    推荐理由:会议披露了RTGS与CHAPS向近24/7结算过渡的规划及咨询安排,也呈现其对外汇市场结构、金融稳定和资金模型的影响。

  2. Bank of EnglandSource summary60

    英格兰银行发布伦敦 FXJSC 法律小组会议纪要,聚焦 2026 FX Definitions 过渡

    Bank of England公布伦敦FXJSC法律小组6月16日会议纪要,内容重点为2026 FX Definitions及其实施安排。该四年计划已进入实施阶段,SWIFT规则手册预计夏季调整,新定义计划于2027年11月过渡,届时1998 definitions停止适用。新框架将统一为可版本化的数字体系,并提供实施路线图、指南和确认模板。

    推荐理由:会议纪要给出了 FX 合约定义从 1998 版本过渡到 2026 版本的时间表,并列出数字化框架与实施材料,便于市场参与者理解准备事项。

  3. CoinDeskSource summary70

    SWIFT区块链账本接入需银行具备三层内部数字资产基础设施

    SWIFT新的区块链账本并不替代银行内部系统或现有结算安排,银行接入需具备许可型账本、数字资产钱包,以及令牌化和智能合约能力。该账本用于编排跨境代币化存款的全天候转移,HSBC、Standard Chartered、DBS和Citi已完成实时交易,部分支付可在周末数分钟内结算。

    推荐理由:文章厘清了SWIFT区块链账本与银行内部系统的分工,展示接入24/7跨境代币化存款支付所需的基础设施层。

Oct 2Fri
  1. Plaid BlogSource summary67

    Plaid Guaranteed Payments 更新工具让客户获批金额提升超过 22%

    Plaid 发布 Guaranteed Payments 秋季更新,客户在过去一个季度的获批金额较基线提升超过 22%。更新加入自定义用户属性、每笔交易刷新设备账户和行为信号,以及部分金额保障和延迟保障。该产品运行在 Signal 与 Protect 之上,前者训练于 $311B 交易,后者覆盖 1 billion 台设备和 500M+ 个关联账户。

    推荐理由:这次更新把用户属性、交易时更新的设备与行为信号及分段保障纳入决策,展示了提升支付批准率的几种产品化路径。

  2. Plaid BlogSource summary68

    Plaid基础模型驱动LendScore Arc、Signal和Cash Advance Index

    Plaid宣布其交易基础模型和顺序基础模型已驱动LendScore Arc、Signal和Cash Advance Index,三款产品无需改动集成。LendScore Arc在早期测试中让次优级借款人的审批量提高20%,Signal在1%拒绝率下多捕捉26%的高风险金额,Cash Advance Index减少10%的损失金额。

    推荐理由:文章把基础模型如何接入信贷、ACH 支付风险和现金预支产品讲清楚,并给出实时推理优化与业务结果数据。

Aug 27Thu
  1. Bank of EnglandSource summary72

    英国央行推迟 2026 年 11 月 RTGS 标准发布

    英国央行宣布,原定于 2026 年 11 月发布的 RTGS 标准及 CHAPS 付款消息标准将整体延期。此前,SWIFT 因业界需要更多时间准备移除非结构化邮政地址格式,决定推迟 November 2026 Swift Standards Release;英国央行将继续与 SWIFT、其他市场基础设施和 RTGS 参与者协调后续时间表。

    推荐理由:英国央行将 RTGS 与 CHAPS 的整套标准发布延期,并说明了与 SWIFT 保持同步及降低实施风险的安排。

Jun 25Thu
  1. Bank of EnglandSource summary72

    RPIB就英国下一代零售支付基础设施设计启动咨询

    英国Retail Payments Infrastructure Board(RPIB)启动对下一代零售支付基础设施设计的咨询,为未来基础设施蓝图征集意见。咨询涵盖支付流程、关键设计选择及优先事项,并考虑在保留现有功能的基础上支持销售点账户到账户支付和增强型跨境支付。

    推荐理由:咨询将账户到账户支付、跨境支付与现有系统衔接纳入设计范围,反馈将影响英国下一代零售支付基础设施的高层方案。

Jun 15Mon